News
31 January 2020

NLNG’s train 7 debt financing progressing

In:
Oil & gas
Region:
Middle East & Africa

The $3 billion ECA-backed project finance facility to fund construction and expansion of train seven of the Nigeria LNG (NLNG) scheme is oversubscribed.The nine-year debt will be divided into two equal tranches, with the $1.5 billion uncovered bank tranche expected to be priced between 375bp and...

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